By Joseph Horvath, Nova Space CEO
The space industry has two major pain points, and they are not related to systems, capabilities, or public excitement about the future. The biggest hurdles facing companies today are workforce availability and capital resources. While slightly different challenges, they are related in how they impact a space company’s ability to grow and remain competitive.
In the current environment, smart choices made in hiring and workforce development can aid the capital crunch by supporting affordable talent acquisition, decreasing turnover, motivating employees, and retaining experienced problems solvers. The bottom line is… people are the greatest strength to the space industry and overlooked in comparison to technology or systems.
